Should I buy or sell NBT Bancorp stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NBT Bancorp in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NBTB shares. View NBTB analyst ratings or view top-rated stocks .

What is NBT Bancorp's stock price target for 2024?

5 brokerages have issued 12-month target prices for NBT Bancorp's shares. Their NBTB share price targets range from $39.00 to $45.00. On average, they expect the company's stock price to reach $41.60 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View analysts price targets for NBTB or view top-rated stocks among Wall Street analysts .

How have NBTB shares performed in 2024?

NBT Bancorp's stock was trading at $41.91 at the beginning of the year. Since then, NBTB stock has decreased by 20.6% and is now trading at $33.29. View the best growth stocks for 2024 here .

Are investors shorting NBT Bancorp?

NBT Bancorp saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,150,000 shares, an increase of 51.2% from the March 15th total of 760,800 shares. Based on an average trading volume of 218,200 shares, the days-to-cover ratio is currently 5.3 days. View NBT Bancorp's Short Interest .

When is NBT Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our NBTB earnings forecast .

How can I listen to NBT Bancorp's earnings call?

NBT Bancorp will be holding an earnings conference call on Tuesday, April 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were NBT Bancorp's earnings last quarter?

NBT Bancorp Inc. (NASDAQ:NBTB) issued its quarterly earnings data on Tuesday, January, 23rd. The bank reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.74 by $0.02. The bank had revenue of $137.66 million for the quarter, compared to the consensus estimate of $138.87 million. NBT Bancorp had a trailing twelve-month return on equity of 11.10% and a net margin of 17.86%.

How often does NBT Bancorp pay dividends? What is the dividend yield for NBT Bancorp?

NBT Bancorp declared a quarterly dividend on Monday, January 22nd. Investors of record on Friday, March 1st will be given a dividend of $0.32 per share on Friday, March 15th. This represents a $1.28 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Thursday, February 29th. Read our dividend analysis for NBTB .

Is NBT Bancorp a good dividend stock?

NBT Bancorp (NASDAQ:NBTB) pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.87%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NBTB will have a dividend payout ratio of 38.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NBTB .

What ETFs hold NBT Bancorp's stock?

ETFs with the largest weight of NBT Bancorp (NASDAQ:NBTB) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) . First Trust NASDAQ ABA Community Bank Index Fund (QABA) .

What is Martin A. Dietrich's approval rating as NBT Bancorp's CEO?

22 employees have rated NBT Bancorp Chief Executive Officer Martin A. Dietrich on Glassdoor.com . Martin A. Dietrich has an approval rating of 80% among the company's employees.

What other stocks do shareholders of NBT Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NBT Bancorp investors own include AT&T (T) , AbbVie (ABBV) , Bank of America (BAC) , Cisco Systems (CSCO) , Verizon Communications (VZ) , Exxon Mobil (XOM) , Bank of New York Mellon (BK) , Gilead Sciences (GILD) , International Business Machines (IBM) and Intel (INTC) .

Who are NBT Bancorp's major shareholders?

NBT Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include Tompkins Financial Corp (0.09%) and Register Financial Advisors LLC (0.00%). Insiders that own company stock include Amy Wiles, Catherine Scarlett , Heidi M Hoeller, Jason David Brown, Lowell A Seifter, Martin A Dietrich , Matthew K Durkee , Scott Allen Kingsley , Shaunastar Hyle and Timothy E Delaney. View institutional ownership trends .

How do I buy shares of NBT Bancorp?

Shares of NBTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NASDAQ:NBTB

NBT Bancorp (NBTB) Stock Price, News & Analysis

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$33.29

+0.27 (+0.82%)

(As of 05:17 PM ET)

Compare

Today's Range: $33.04
▼
$33.53
50-Day Range: $33.02
▼
$36.74
52-Week Range: $27.52
▼
$43.77

Volume: 169,599 shs
Average Volume: 210,101 shs
Market Capitalization: $1.57 billion

P/E Ratio: 12.52
Dividend Yield: 3.84%
Price Target: $41.60

Get NBT Bancorp alerts:

NBT Bancorp MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 25.0% Upside
$41.60 Price Target
Short Interest: Bearish
2.44% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.37
Based on 4 Articles This Week
Insider Trading: Selling Shares
$319,806 Sold Last Quarter
Proj. Earnings Growth: 14.53%
From $2.89 to $3.31 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.21 out of 5 stars

Finance Sector

470th out of 826 stocks

National Commercial Banks Industry

57th out of 77 stocks

2.4

Analyst's Opinion

Consensus Rating
NBT Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
NBT Bancorp has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.44% of the outstanding shares of NBT Bancorp have been sold short.
Short Interest Ratio / Days to Cover
NBT Bancorp has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in NBT Bancorp has recently increased by 51.16%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
NBT Bancorp is a leading dividend payer. It pays a dividend yield of 3.87%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
NBT Bancorp has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of NBT Bancorp is 48.12%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, NBT Bancorp will have a dividend payout ratio of 38.67% next year. This indicates that NBT Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NBTB.

1.9

News and Social Media Coverage

News Sentiment
NBT Bancorp has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for NBT Bancorp this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 1 people have added NBT Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NBT Bancorp insiders have sold 769.04% more of their company's stock than they have bought. Specifically, they have bought $36,800.00 in company stock and sold $319,806.00 in company stock.
Percentage Held by Insiders
Only 3.32% of the stock of NBT Bancorp is held by insiders.
Percentage Held by Institutions
58.46% of the stock of NBT Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for NBT Bancorp are expected to grow by 14.53% in the coming year, from $2.89 to $3.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NBT Bancorp is 12.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of NBT Bancorp is 12.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.74.
Price to Book Value per Share Ratio
NBT Bancorp has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About NBT Bancorp Stock (NASDAQ:NBTB)

NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; commercial and industrial, commercial real estate, agricultural, and commercial construction loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan administration and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. Further, it operates as a property management and passive investment company, as well as investment advisor that provides investment management and financial consulting services. The company operates in upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central and northwestern Connecticut. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

NBTB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NBTB Stock News Headlines

March 19, 2024 | insidertrades.com

NBT Bancorp Inc. (NASDAQ:NBTB) EVP Sells $21,550.42 in Stock

April 17, 2024 | finance.yahoo.com

Stay Ahead of the Game With NBT (NBTB) Q1 Earnings: Wall Street's Insights on Key Metrics

April 18, 2024 | InvestorPlace (Ad)

The Next Nvidia?

April 15, 2024 | americanbankingnews.com

NBT Bancorp Inc. (NASDAQ:NBTB) Receives Average Recommendation of "Moderate Buy" from Brokerages

April 15, 2024 | americanbankingnews.com

NBT Bancorp (NBTB) to Release Earnings on Monday

April 12, 2024 | forbes.com

NBT Bancorp

April 1, 2024 | globenewswire.com

NBT Bancorp Inc. Announces Date Of First Quarter Conference Call

March 22, 2024 | finance.yahoo.com

Insider Stock Buying Reaches US$1.30m On NBT Bancorp

April 18, 2024 | InvestorPlace (Ad)

The Next Nvidia?

March 21, 2024 | finance.yahoo.com

NBT Bancorp Inc. (NBTB)

March 21, 2024 | markets.businessinsider.com

5 Analysts Assess NBT Bancorp: What You Need To Know

March 7, 2024 | nasdaq.com

NBTB Crosses Above Key Moving Average Level

February 17, 2024 | finance.yahoo.com

NBTB Mar 2024 40.000 call

February 14, 2024 | markets.businessinsider.com

Deep Dive Into NBT Bancorp Stock: Analyst Perspectives (4 Ratings)

January 30, 2024 | finance.yahoo.com

Director Lowell Seifter Sells 8,000 Shares of NBT Bancorp Inc

January 25, 2024 | finance.yahoo.com

NBT Bancorp Full Year 2023 Earnings: Misses Expectations

January 25, 2024 | finance.yahoo.com

NBT Bancorp Inc. (NASDAQ:NBTB) Q4 2023 Earnings Call Transcript

January 25, 2024 | finance.yahoo.com

Q4 2023 NBT Bancorp Inc Earnings Call

January 24, 2024 | finance.yahoo.com

NBT Bancorp Inc. (NBTB) Reports Decline in Annual Net Income for 2023

January 23, 2024 | benzinga.com

NBT Bancorp: Q4 Earnings Insights

January 23, 2024 | finance.yahoo.com

Compared to Estimates, NBT (NBTB) Q4 Earnings: A Look at Key Metrics

January 21, 2024 | finance.yahoo.com

NBT Bancorp Inc. (NASDAQ:NBTB) is largely controlled by institutional shareholders who own 58% of the company

January 18, 2024 | finance.yahoo.com

Unlocking Q4 Potential of NBT (NBTB): Exploring Wall Street Estimates for Key Metrics

November 13, 2023 | finance.yahoo.com

NBT Bancorp (NASDAQ:NBTB) stock falls 4.6% in past week as one-year earnings and shareholder returns continue downward trend

October 26, 2023 | finance.yahoo.com

NBT Bancorp Inc. (NASDAQ:NBTB) Q3 2023 Earnings Call Transcript

October 26, 2023 | finance.yahoo.com

Q3 2023 NBT Bancorp Inc Earnings Call

October 24, 2023 | finance.yahoo.com

Compared to Estimates, NBT (NBTB) Q3 Earnings: A Look at Key Metrics

See More Headlines

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Company Calendar

Last Earnings: 1/23/2024
Ex-Dividend for 3/15 Dividend: 2/29/2024
Dividend Payable: 3/15/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/22/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: National commercial banks
Sub-Industry: Regional Banks
Current Symbol: NASDAQ:NBTB
CUSIP: 62877810
CIK: 790359
Web: www.nbtbancorp.com
Phone: (607) 337-2265
Fax: 302-636-5454
Employees: 2,034
Year Founded: 1999

Price Target and Rating

Average Stock Price Target: $41.60
High Stock Price Target: $45.00
Low Stock Price Target: $39.00
Potential Upside/Downside: +24.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.66
Trailing P/E Ratio: 12.55
Forward P/E Ratio: 11.55
P/E Growth: N/A
Net Income: $118.78 million
Net Margins: 17.86%
Pretax Margin: 23.08%
Return on Equity: 11.10%
Return on Assets: 1.14%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 0.86
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $664.97 million
Price / Sales: 2.37
Cash Flow: $3.64 per share
Price / Cash Flow: 9.16
Book Value: $30.27 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 47,150,000
Free Float: 45,589,000
Market Cap: $1.57 billion
Optionable: Optionable
Beta: 0.51

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Key Executives

Mr. John H. Watt Jr. (Age 66)
President, CEO & Director
Comp: $2.14M
Mr. Scott A. Kingsley CPA (Age 59)
Executive VP & CFO
Comp: $971.56k
Mr. Joseph R. Stagliano (Age 54)
Executive VP, President of Retail Community Banking & Chief Information Officer
Comp: $809.74k
Mr. Martin Randolph Sparks (Age 65)
Executive VP, General Counsel, Chief Ethics Officer & Corporate Secretary
Comp: $746.23k
Ms. Ruth H. Mahoney
EVP, President of Wealth Management & Regional President for the Capital District and North Country
Mr. Kenneth J. Entenmann C.F.A.
Senior VP, Chief Investment Officer & Chief Economist
Ms. Annette L. Burns (Age 50)
Senior VP & Chief Accounting Officer
Comp: $418.21k
Ms. Florence R. Doller
Senior VP & Director of Corporate Communications
Ms. Shaunastar M. Hyle
Executive Vice President of Consumer Lending
Mr. Leonard P. Chinski
Senior VP & Director of Audit

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NBTB Stock Analysis - Frequently Asked Questions

Should I buy or sell NBT Bancorp stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NBT Bancorp in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NBTB shares.
View NBTB analyst ratings or view top-rated stocks.
What is NBT Bancorp's stock price target for 2024?: 5 brokerages have issued 12-month target prices for NBT Bancorp's shares. Their NBTB share price targets range from $39.00 to $45.00. On average, they expect the company's stock price to reach $41.60 in the next year. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for NBTB or view top-rated stocks among Wall Street analysts.
How have NBTB shares performed in 2024?: NBT Bancorp's stock was trading at $41.91 at the beginning of the year. Since then, NBTB stock has decreased by 20.6% and is now trading at $33.29.
View the best growth stocks for 2024 here.
Are investors shorting NBT Bancorp?: NBT Bancorp saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,150,000 shares, an increase of 51.2% from the March 15th total of 760,800 shares. Based on an average trading volume of 218,200 shares, the days-to-cover ratio is currently 5.3 days.
View NBT Bancorp's Short Interest.
When is NBT Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our NBTB earnings forecast.
How can I listen to NBT Bancorp's earnings call?: NBT Bancorp will be holding an earnings conference call on Tuesday, April 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were NBT Bancorp's earnings last quarter?: NBT Bancorp Inc. (NASDAQ:NBTB) issued its quarterly earnings data on Tuesday, January, 23rd. The bank reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.74 by $0.02. The bank had revenue of $137.66 million for the quarter, compared to the consensus estimate of $138.87 million. NBT Bancorp had a trailing twelve-month return on equity of 11.10% and a net margin of 17.86%.
How often does NBT Bancorp pay dividends? What is the dividend yield for NBT Bancorp?: NBT Bancorp declared a quarterly dividend on Monday, January 22nd. Investors of record on Friday, March 1st will be given a dividend of $0.32 per share on Friday, March 15th. This represents a $1.28 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for NBTB.

Is NBT Bancorp a good dividend stock?: NBT Bancorp (NASDAQ:NBTB) pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.87%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NBTB will have a dividend payout ratio of 38.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NBTB.
What ETFs hold NBT Bancorp's stock?: ETFs with the largest weight of NBT Bancorp (NASDAQ:NBTB) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).First Trust NASDAQ ABA Community Bank Index Fund (QABA).
What is Martin A. Dietrich's approval rating as NBT Bancorp's CEO?: 22 employees have rated NBT Bancorp Chief Executive Officer Martin A. Dietrich on Glassdoor.com. Martin A. Dietrich has an approval rating of 80% among the company's employees.
What other stocks do shareholders of NBT Bancorp own?: Based on aggregate information from My MarketBeat watchlists, some companies that other NBT Bancorp investors own include AT&T (T), AbbVie (ABBV), Bank of America (BAC), Cisco Systems (CSCO), Verizon Communications (VZ), Exxon Mobil (XOM), Bank of New York Mellon (BK), Gilead Sciences (GILD), International Business Machines (IBM) and Intel (INTC).
Who are NBT Bancorp's major shareholders?: NBT Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include Tompkins Financial Corp (0.09%) and Register Financial Advisors LLC (0.00%). Insiders that own company stock include Amy Wiles, Catherine Scarlett, Heidi M Hoeller, Jason David Brown, Lowell A Seifter, Martin A Dietrich, Matthew K Durkee, Scott Allen Kingsley, Shaunastar Hyle and Timothy E Delaney.
View institutional ownership trends.
How do I buy shares of NBT Bancorp?: Shares of NBTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NBTB) was last updated on 4/18/2024 by MarketBeat.com Staff

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NBT Bancorp (NBTB) Stock Price, News & Analysis

NBT Bancorp MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About NBT Bancorp Stock (NASDAQ:NBTB)

NBTB Stock Price History

NBTB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NBTB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™